North American Construction Group Q1 2025 Earnings Report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 13 2026
0mins
Source: seekingalpha
- Earnings Performance: North American Construction Group reported a Q1 non-GAAP EPS of C$0.37, indicating the company's ability to maintain profitability despite a challenging market environment compared to the previous year.
- Revenue Decline: The company's revenue for Q1 stood at C$319.21 million, reflecting a 6.3% year-over-year decline, which highlights the impact of industry challenges and market demand fluctuations on performance, necessitating close monitoring of future market recovery.
- Strong Backlog: Despite the revenue drop, North American Construction's backlog remains robust, suggesting a solid foundation for future project execution, which could support subsequent performance.
- Increased Leverage: The company has adopted a higher leverage strategy in the current economic climate, which may increase short-term risks but also provides funding support for future growth opportunities.
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Analyst Views on NOA
Wall Street analysts forecast NOA stock price to rise
4 Analyst Rating
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 14.470
Low
14.53
Averages
17.44
High
20.34
Current: 14.470
Low
14.53
Averages
17.44
High
20.34
About NOA
North American Construction Group Ltd. is a Canada-based company. The Company is a provider of heavy civil construction and mining services in Australia, Canada, and the United States. The Company has provided services to the mining, resource and infrastructure construction markets. Its segments are Heavy Equipment - Canada, Heavy Equipment - Australia, and Other. Heavy Equipment - Canada and Heavy Equipment - Australia includes all of aspects of the mining and heavy civil construction services provided within those geographic areas. Other includes its mine management contract work in the United States, its external maintenance and rebuild programs and equity method investments. The Company provides a range of mining and heavy construction services to customers in the resource development and industrial construction sectors. The Company also offers a full suite of services, including contract mining and civil construction services to a blue-chip customer base.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
North American Construction Group Shareholder Meeting Results
- Director Elections: During the shareholder meeting on May 20, 2026, Martin R. Ferron was elected as a director with 96.27% support, reflecting shareholder confidence in his leadership and providing a stable foundation for the company's strategic direction.
- Auditor Appointment: KPMG LLP was appointed as the company's independent auditors with 98.69% approval, which not only enhances financial transparency but also boosts investor confidence, thereby improving the company's governance structure.
- Compensation Advisory Vote: Shareholders approved a non-binding advisory resolution regarding executive compensation with 93.97% support, indicating strong endorsement of the company's compensation policies, which aids in attracting and retaining top management talent.
- Advance Notice Bylaw Approval: The advance notice bylaw was ratified with 68.58% support, a decision that will enhance governance efficiency and ensure clearer participation mechanisms for shareholders in future decision-making processes.
See More
North American Construction Group Declares Quarterly Dividend
- Quarterly Dividend Announcement: North American Construction Group declares a quarterly dividend of CAD 0.12 per share, consistent with previous distributions, reflecting the company's stable cash flow and profitability, which enhances investor confidence.
- Shareholder Record Date: The dividend will be payable on July 3, with a record date of June 3 and an ex-dividend date also on June 3, ensuring shareholders receive their earnings promptly.
- Financial Health Indicators: While announcing the dividend, the company showcases a strong backlog and higher leverage, indicating its competitiveness in the market and potential for future growth.
- Investor Attention: With the dividend announcement, market interest in North American Construction Group increases, allowing investors to assess the company's investment value through the dividend scorecard and growth charts.
See More
North American Construction Group Q1 2026 Financial Results
- Revenue Growth: In Q1 2026, North American Construction Group reported combined revenue of CAD 422.5 million, representing an 8% year-over-year increase and a 23% sequential rise, indicating strong market performance and business expansion capabilities.
- Australian Operations Performance: The Australian segment generated revenue of CAD 185.2 million, up 17% year-over-year, driven by new contract awards and improved equipment utilization, further solidifying the company's market position in the region.
- Acquisition Strategy: The company completed the acquisition of Iron Mine Contracting on April 7, 2026, which is expected to enhance its market share and operational capabilities in Australia, providing support for future revenue growth.
- Improved Free Cash Flow: The first quarter saw free cash flow of CAD 3.7 million, an increase of CAD 45.2 million year-over-year, reflecting significant improvements in cash management and operational efficiency.
See More
North American Construction Group Q1 2025 Earnings Report
- Earnings Performance: North American Construction Group reported a Q1 non-GAAP EPS of C$0.37, indicating the company's ability to maintain profitability despite a challenging market environment compared to the previous year.
- Revenue Decline: The company's revenue for Q1 stood at C$319.21 million, reflecting a 6.3% year-over-year decline, which highlights the impact of industry challenges and market demand fluctuations on performance, necessitating close monitoring of future market recovery.
- Strong Backlog: Despite the revenue drop, North American Construction's backlog remains robust, suggesting a solid foundation for future project execution, which could support subsequent performance.
- Increased Leverage: The company has adopted a higher leverage strategy in the current economic climate, which may increase short-term risks but also provides funding support for future growth opportunities.
See More
North American Construction Group to Release Q1 2026 Financial Results
- Earnings Release Schedule: North American Construction Group plans to release its financial results for the first quarter ended March 31, 2026, on May 13, 2026, after market close, reflecting the company's ongoing performance in heavy civil construction and mining services.
- Conference Call Timing: Following the earnings release, NACG will hold a conference call and webcast on May 14, 2026, at 7:00 a.m. Mountain Time, which is expected to attract significant attention from investors and analysts.
- Replay Availability: A replay of the conference call will be available until June 12, 2026, allowing stakeholders who cannot participate live to access critical information through a designated phone number.
- Company Background: North American Construction Group has over 70 years of experience providing heavy civil construction and mining services across Australia, Canada, and the U.S., focusing on delivering quality services to the mining, resource, and infrastructure construction markets.
See More
North American Construction Group to Release Q1 Financial Results
- Earnings Release Schedule: North American Construction Group plans to release its financial results for the first quarter ended March 31, 2026, on May 13, 2026, after market close, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Timing: Following the earnings release, the company will hold a conference call on May 14, 2026, at 7:00 a.m. Mountain Time, which is expected to attract significant attention from investors and analysts, thereby enhancing market confidence.
- Replay Availability: The conference call replay will be available until June 12, 2026, allowing investors who cannot participate live to access critical information by dialing the provided number, ensuring broad dissemination of insights.
- Company Background: North American Construction Group is a premier provider of heavy civil construction and mining services in Australia, Canada, and the U.S., with over 70 years of industry experience, indicating its leadership position in the resource and infrastructure construction markets.
See More
North American Construction Group Shareholder Meeting Results
- Director Elections: During the shareholder meeting on May 20, 2026, Martin R. Ferron was elected as a director with 96.27% support, reflecting shareholder confidence in his leadership and providing a stable foundation for the company's strategic direction.
- Auditor Appointment: KPMG LLP was appointed as the company's independent auditors with 98.69% approval, which not only enhances financial transparency but also boosts investor confidence, thereby improving the company's governance structure.
- Compensation Advisory Vote: Shareholders approved a non-binding advisory resolution regarding executive compensation with 93.97% support, indicating strong endorsement of the company's compensation policies, which aids in attracting and retaining top management talent.
- Advance Notice Bylaw Approval: The advance notice bylaw was ratified with 68.58% support, a decision that will enhance governance efficiency and ensure clearer participation mechanisms for shareholders in future decision-making processes.
See More
North American Construction Group Declares Quarterly Dividend
- Quarterly Dividend Announcement: North American Construction Group declares a quarterly dividend of CAD 0.12 per share, consistent with previous distributions, reflecting the company's stable cash flow and profitability, which enhances investor confidence.
- Shareholder Record Date: The dividend will be payable on July 3, with a record date of June 3 and an ex-dividend date also on June 3, ensuring shareholders receive their earnings promptly.
- Financial Health Indicators: While announcing the dividend, the company showcases a strong backlog and higher leverage, indicating its competitiveness in the market and potential for future growth.
- Investor Attention: With the dividend announcement, market interest in North American Construction Group increases, allowing investors to assess the company's investment value through the dividend scorecard and growth charts.
See More
North American Construction Group Q1 2026 Financial Results
- Revenue Growth: In Q1 2026, North American Construction Group reported combined revenue of CAD 422.5 million, representing an 8% year-over-year increase and a 23% sequential rise, indicating strong market performance and business expansion capabilities.
- Australian Operations Performance: The Australian segment generated revenue of CAD 185.2 million, up 17% year-over-year, driven by new contract awards and improved equipment utilization, further solidifying the company's market position in the region.
- Acquisition Strategy: The company completed the acquisition of Iron Mine Contracting on April 7, 2026, which is expected to enhance its market share and operational capabilities in Australia, providing support for future revenue growth.
- Improved Free Cash Flow: The first quarter saw free cash flow of CAD 3.7 million, an increase of CAD 45.2 million year-over-year, reflecting significant improvements in cash management and operational efficiency.
See More
North American Construction Group Q1 2025 Earnings Report
- Earnings Performance: North American Construction Group reported a Q1 non-GAAP EPS of C$0.37, indicating the company's ability to maintain profitability despite a challenging market environment compared to the previous year.
- Revenue Decline: The company's revenue for Q1 stood at C$319.21 million, reflecting a 6.3% year-over-year decline, which highlights the impact of industry challenges and market demand fluctuations on performance, necessitating close monitoring of future market recovery.
- Strong Backlog: Despite the revenue drop, North American Construction's backlog remains robust, suggesting a solid foundation for future project execution, which could support subsequent performance.
- Increased Leverage: The company has adopted a higher leverage strategy in the current economic climate, which may increase short-term risks but also provides funding support for future growth opportunities.
See More
North American Construction Group to Release Q1 2026 Financial Results
- Earnings Release Schedule: North American Construction Group plans to release its financial results for the first quarter ended March 31, 2026, on May 13, 2026, after market close, reflecting the company's ongoing performance in heavy civil construction and mining services.
- Conference Call Timing: Following the earnings release, NACG will hold a conference call and webcast on May 14, 2026, at 7:00 a.m. Mountain Time, which is expected to attract significant attention from investors and analysts.
- Replay Availability: A replay of the conference call will be available until June 12, 2026, allowing stakeholders who cannot participate live to access critical information through a designated phone number.
- Company Background: North American Construction Group has over 70 years of experience providing heavy civil construction and mining services across Australia, Canada, and the U.S., focusing on delivering quality services to the mining, resource, and infrastructure construction markets.
See More
North American Construction Group to Release Q1 Financial Results
- Earnings Release Schedule: North American Construction Group plans to release its financial results for the first quarter ended March 31, 2026, on May 13, 2026, after market close, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Timing: Following the earnings release, the company will hold a conference call on May 14, 2026, at 7:00 a.m. Mountain Time, which is expected to attract significant attention from investors and analysts, thereby enhancing market confidence.
- Replay Availability: The conference call replay will be available until June 12, 2026, allowing investors who cannot participate live to access critical information by dialing the provided number, ensuring broad dissemination of insights.
- Company Background: North American Construction Group is a premier provider of heavy civil construction and mining services in Australia, Canada, and the U.S., with over 70 years of industry experience, indicating its leadership position in the resource and infrastructure construction markets.
See More
